$5.3B Narragansett Electric sale to PPL up before R.I. regulators

National Grid USA wants to sell the Narragansett Electric Co. to PPL Corp., a Pennsylvania-based energy company. But first proponents of the $5.3 billion deal must persuade state regulators that the deal is consistent with the public interest.

Public hearings are underway this week before the R.I. Division of Public Utilities and Carriers. Hearing officer John Spirito is presiding over the proceedings at a state office building in Warwick. Stakeholders and expert witnesses are providing testimony…


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